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HomeMy WebLinkAboutAgenda 04-12-22; 1 - Discussion of Manager's Recommended FY 2022-32 Capital Investment Plan (CIP) 1 ORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: April 12, 2022 Action Agenda Item No. 1 SUBJECT: Discussion of Manager's Recommended FY 2022-32 Capital Investment Plan (CIP) DEPARTMENT: County Manager and Finance and Administrative Services ATTACHMENT(S): INFORMATION CONTACT: Attachment A: Overall CIP Summary, Bonnie Hammersley, (919) 245-2300 County CIP Projects Travis Myren, (919) 245-2308 Summary, and Proprietary Gary Donaldson, (919) 245-2453 CIP Projects Summary Rebecca Crawford, (919) 245-2152 Kirk Vaughn, (919) 245-2153 Previously Provided Under Separate Cover— Also Available Online: Manager Recommended FY2022-32 County Capital Investment Plan http://www.co.orange.nc.us/Archive.aspx? AMID=60 PURPOSE: To discuss the Manager's Recommended FY 2022-32 Capital Investment Plan. BACKGROUND: Each year, the County produces a Capital Investment Plan (CIP) that establishes a budget planning guide related to capital needs for the County and Schools. The CIP has been enhanced to provide specific enumeration of project funding in years 6-10 as well. The 10-Year CIP is evaluated annually to include year-to-year changes in priorities, needs, and available resources. Approval of the CIP commits the County to the first year funding only of the capital projects; all other years are used as a planning tool and serves as a financial plan Capital Investment Plan — Overview The FY 2022-32 CIP includes County Projects, School Projects, and Proprietary Projects. The School Projects include Chapel Hill-Carrboro City Schools, Orange County Schools, and Durham Technical Community College — Orange County Campus projects. The Proprietary Projects include Water and Sewer, Solid Waste Enterprise Fund, and Sportsplex projects. The CIP has been prepared anticipating moderate economic growth of approximately 2% in property tax growth and 4% in sales tax growth annually over the next ten years. The CIP will rely substantially on debt financing to fund the projects and these required debt amounts are fully integrated in the County's Long-Term Debt Model (page 24 provides a bar chart of the ten year funding plan). 2 The meeting discussion will focus on County and Proprietary CIP projects. Note: Page numbers are referenced below as they appear in the CIP document. See Attachment A for the Overall CIP Summary (page 20), County CIP Projects Summary (page 32), and the Proprietary CIP Summaries (page 25). Discussion of the Schools CIP projects is scheduled for the May 12, 2022 Budget Work Session. The Orange County Campus - Durham Technical Community College new academic building project will also be discussed at the May 26, 2022 meeting. Discussion at this meeting will also be directed to the Debt Service and Debt Capacity — General Fund (page 133), the Water and Sewer Debt Service requirements paid with Article 46 Quarter Cent Sales Tax proceeds (page 134), and Debt Service requirements for Solid Waste (page 135) and Sportsplex (page 136). FINANCIAL IMPACT: There is no immediate financial impact associated with discussion of the FY 2022-32 Capital Investment Plan. It is a long-range financial planning tool with a financial impact in FY 2022-23, if the first year of the CIP is approved by the Board of County Commissioners with the adoption of the Annual Budget. SOCIAL JUSTICE IMPACT: There is no Orange County Social Justice Goal impact associated with discussion of this item. ENVIRONMENTAL IMPACT: There are no Orange County Environmental Responsibility Goal impacts associated with discussion of this item. RECOMMENDATION(S): The Manager recommends the Board review and discuss the Manager's Recommended FY 2022-32 Capital Investment Plan and provide direction to staff. 3 Orange County Capital Investment Plan - Plan Summary- RECOMMEND Fiscal Years 2022-32 Current Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 Ten Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Year Appropriations 2021-22 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31 2031-32 Total County 19,867,450 10,872,009 16,620,121 8,860,610 10,905,521 17,758,433 7,777,446 16,779,310 16,815,653 8,305,104 14,915,720 129,609,927 Proprietary Solid Waste 3,136,311 722,363 2,216,757 3,095,077 2,057,822 2,120,692 776,001 440,423 1,434,803 528,976 2,022,097 15,415,011 Sportsplex 405,000 520,000 1,000,000 1,105,000 775,000 380,000 200,000 155,000 150,000 105,000 250,000 4,640,000 Water&Sewer Utilities 1,350,000 945,000 945,000 Proprietary Total 4,891,311 1,242,363 3,216,757 5,145,077 2,832,822 2,500,692 976,001 595,423 1,584,803 633,976 2,272,097 21,000,011 School Bond Referendum 45,000,000 45,000,000 40,000,000 130,000,000 Chapel Hill-Carrboro City Schools 8,318,268 18,306,236 29,091,764 6,702,749 6,811,093 6,922,701 7,037,683 7,156,151 7,278,223 7,404,020 7,533,668 104,244,288 Orange County Schools 19,186,596 9,707,923 15,035,593 4,401,872 4,473,024 4,546,320 4,621,832 4,699,633 4,779,801 4,862,415 4,947,558 62,075,971 Durham Tech Community College 500,000 10,500,000 1 11,000,000 School Total 27,504,864 28,514,159 54,627,357 11,104,621 11,284,117 56,469,021 11,659,515 56,855,784 12,058,024 52,266,435 12,481,226 307,320,259 Appropriations Total 52,263,625 40,628,531 74,464,235 25,110,308 25,022,460 76,728,146 20,412,962 74,230,517 30,458,480 61,205,515 29,669,043 457,930,197 Revenues/Funding Sources Article 46 Sales Tax Proceeds 2,160,288 2,343,099 2,185,143 2,272,549 2,363,450 2,457,989 2,556,309 2,658,561 2,764,903 2,875,499 2,990,519 25,468,021 Contributions from Other Infrastructure Partners 50,000 62,500 237,550 3,830,600 15,000 98,000 4,243,650 Debt Financing 17,425,027 8,199,977 11,531,968 6,044,234 8,197,171 14,224,948 5,006,411 9,629,597 14,267,168 5,173,619 12,282,235 94,557,328 Debt Financing-Article 46 Sales Tax 1,350,000 945,000 945,000 Debt Financing-Bond Proceeds 13,308,000 45,000,000 45,000,000 40,000,000 130,000,000 Debt Financing-Durham Tech 500,000 10,500,000 11,000,000 Debt Financing-School Improvements 10,774,222 23,310,706 39,039,860 5,629,718 5,418,313 5,508,678 5,600,852 5,694,869 5,790,767 5,888,582 5,988,353 107,870,698 Debt Financing-Solid Waste 2,540,307 971,106 2,321,279 1,246,472 1,336,426 615,258 1,092,486 7,583,027 Debt Financing-Sportsplex 405,000 520,000 900,000 1,050,000 650,000 375,000 150,000 25,000 150,000 50,000 125,000 3,995,000 Grant Funding 733,500 833,382 350,000 750,000 532,800 1,250,000 250,000 1,035,628 250,000 750,000 250,000 6,251,810 Lottery Proceeds 1,402,354 1,402,354 1,402,354 1,402,354 1,402,354 1,402,354 1,402,354 1,402,354 1,402,354 1,402,354 1,402,354 14,023,540 NCDEQ Reimbursment Fund 3,000,000 3,000,000 Partner Funding-County Capital 54,000 9,000 9,000 9,000 9,000 9,000 9,000 9,000 9,000 109,000 235,000 Register of Deeds Fees 80,000 80,000 80,000 80,000 80,000 80,000 80,000 80,000 80,000 80,000 80,000 800,000 Sale of Fixed Asset 240,000 Solid Waste Funds 356,004 722,363 1,245,651 773,798 811,350 784,266 776,001 440,423 819,545 528,976 929,611 7,831,984 Sportsplex Funds 100,000 55,000 125,000 5,000 50,000 130,000 55,000 125,000 645,000 Transfer from General Fund 840,496 2,600,150 3,149,153 3,777,376 4,186,550 4,294,485 4,294,485 4,294,485 4,294,485 4,294,485 4,294,485 39,480,139 Transfer from Other Funds 598,427 Revenues/Funding Sources Total 52,263,625 40,628,531 74,464,235 25,110,308 25,022,460 76,728,146 20,412,962 74,230,517 30,458,480 61,205,515 29,669,043 457,930,197 4 County Capital Project Summary-RECOMMEND Fiscal Years 2022-32 Current Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 30 Ten Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Year Appropriations 2021-22 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31 2031-32 Total 911 Computer Aided Dispatch(CAD)and Records Management System(RMS)Replacement 600,000 600,000 Bingham Park 475,075 475,075 Blackwood Farm Park 15,000 310,000 775,000 155,000 99,000 990,000 2,329,000 Cedar Grove Community Center 422,000 161,685 583,685 Cedar Grove Park,Phase II 522,500 95,052 950,523 1,568,075 Climate Change Mitigation Project 536,645 550,150 561,153 572,376 616,550 629,298 642,314 655,605 706,219 720,817 735,721 6,390,203 Communication System Improvements 160,308 210,000 220,500 231,525 243,101 905,126 Conservation Easements 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 5,000,000 Court Street Annex 160,000 160,000 Emergency Services Substations 2,600,000 410,000 3,600,000 300,000 3,600,000 900,000 4,100,000 12,910,000 Facility Accessibility,Safety and Security Improvements 368,200 1,240,435 566,304 1,656,988 34,676 75,600 729,658 747,716 250,726 148,128 628,182 6,078,413 Fairview Park Improvements 3,000,000 178,153 1,781,530 4,959,683 Generator Projects 240,000 240,000 Historic Courthouse Square-Building and Grounds Improvements 40,000 570,000 570,000 Hollow Rock Nature Park(New Hope Preserve) 30,000 196,000 226,000 HVAC Projects 540,000 109,000 673,800 226,200 1,241,000 248,400 50,000 65,000 197,000 293,000 913,000 4,016,400 Information Technologies Governance Council Initiatives 500,000 500,000 500,000 500,000 500,000 500,000 2,500,000 Information Technologies Infrastructure 1,164,000 1,281,556 644,990 698,868 910,102 877,000 897,000 907,000 917,000 927,000 937,000 8,997,516 Justice Facility Improvements 225,000 225,000 Lake Orange-Dam Rehabilitation 896,180 280,000 1,800,000 220,000 2,200,000 4,500,000 Lands Legacy Program 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 5,000,000 Little River Park,Phase II 100,000 125,000 60,000 185,000 Main Branch Library Remodel 100,000 1,100,000 1,200,000 Major Plumbing Repairs 220,000 2,208,000 2,428,000 Millhouse Road Park 475,100 7,601,200 8,076,300 Mountains to Sea Trail 181,000 100,000 693,000 793,000 Neuse River(Falls Lake)Rules-Nutrient Management 175,000 175,000 175,000 175,000 175,000 175,000 875,000 Northeast District Park 415,690 415,690 OCTS Maintenance Shop 61,502 61,502 Orange County Radio/Paging Systems Upgrade 440,195 768,000 768,000 768,000 768,000 3,512,195 Orange County Southern Branch Library 8,681,605 Parking Lot Improvments 30,000 15,000 30,000 15,000 30,000 30,000 30,000 30,000 30,000 180,000 1,530,000 1,920,000 Parks and Recreation Facility Renovations,Repairs,and Safety Improvements 180,000 180,000 180,000 180,000 180,000 180,000 180,000 180,000 180,000 180,000 180,000 1,800,000 Passmore Center Renovation 175,000 175,000 Phillip Nick Waters Building Remediation 685,193 Phillip Nick Waters Building Remediation Phase 2 213,851 550,000 550,000 Piedmont Food Processing Center-Building Improvements 140,000 242,000 242,000 Register of Deeds Automation 80,000 80,000 80,000 80,000 80,000 80,000 80,000 80,000 80,000 80,000 80,000 800,000 Roofing and Building Fagade Projects 98,700 671,500 107,000 55,000 60,000 71,300 153,940 1,202,250 412,500 88,500 388,125 3,210,115 Soccer.com Soccer Center,Phase II 430,000 5,344,600 5,774,600 Southern Orange Campus Expansion 300,000 5,185,000 5,485,000 Sustainability Projects 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 500,000 Twin Creeks Park and Educational Campus, Phase II 440,000 7,560,000 8,000,000 Upper Eno Nature Preserve 438,000 438,000 Vehicle Replacements 1,333,341 1,420,671 1,343,874 1,676,653 1,797,092 1,305,082 1,707,904 1,667,539 1,107,156 1,492,136 1,071,242 14,589,349 West Campus Office Building Renovation 598,427 Whitted Building Campus 345,000 345,000 Appropriations Total 19,867,450 10,872,009 16,620,121 8,860,610 10,905,521 17,758,433 7,777,446 16,779,310 16,815,653 8,305,104 14,915,720 129,609,927 5 Revenues/Funding Sources Article 46 Sales Tax Proceeds 140,000 242,000 242,000 Contributions from Other Infrastructure Partners 50,000 62,500 237,550 3,830,600 15,000 98,000 4,243,650 Debt Financing 17,425,027 8,199,977 11,531,968 6,044,234 8,197,171 14,224,948 5,006,411 9,629,597 14,267,168 5,173,619 12,282,235 94,557,328 Grant Funding 733,500 833,382 350,000 750,000 532,800 1,250,000 250,000 1,035,628 250,000 750,000 250,000 6,251,810 NCDEQ Reimbursment Fund 3,000,000 3,000,000 Partner Funding-County Capital 54,000 9,000 9,000 9,000 9,000 9,000 9,000 9,000 9,000 109,000 235,000 Register of Deeds Fees 80,000 80,000 80,000 80,000 80,000 80,000 80,000 80,000 80,000 80,000 80,000 800,000 Transfer from General Fund 840,496 1,400,150 1,649,153 1,977,376 2,086,550 2,194,485 2,194,485 2,194,485 2,194,485 2,194,485 2,194,485 20,280,139 Transfer from Other Funds 598,427 Revenues/Funding Sources Total 19,867,450 10,872,009 16,620,121 8,860,610 10,905,521 17,758,433 7,777,446 16,779,310 16,815,653 8,305,104 14,915,720 129,609,927 6 Proprietary Projects Summary-RECOMMEND Fiscal Years 2022-32 Current Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 Ten Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Year Appropriations 2021-22 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31 2031-32 Total Water&Sewer Utilities Buckhorn-Mebane EDD Phase 3 Sewer 1,235,000 Buckhorn-Mebane EDD Potential Investment Area 115,000 945,000 945,000 Water&Sewer Utilities Total 1,350,000 945,000 945,000 Solid Waste C&D Landfill&Ordinance Area-Vehicle and Equipment Replacement 1,448,997 Consolidated Neighborhood Waste&Recycling Center 435,781 1,382,206 1,817,987 Construction&Demolition Landfill Expansion-Phase 2 886,000 Recycling Operations-Vehicle and Equipment Replacement 801,314 Solid Waste Vehicle&Equipment Replacements 722,363 1,780,976 1,712,871 2,057,822 2,120,692 776,001 440,423 1,434,803 528,976 2,022,097 13,597,024 Solid Waste Total 3,136,311 722,363 2,216,757 3,095,077 2,057,822 2,120,692 776,001 440,423 1,434,803 528,976 2,022,097 15,415,011 Sportsplex Sportsplex-Facilities Maintenance/Replacement 300,000 135,000 100,000 25,000 100,000 300,000 150,000 100,000 50,000 100,000 1,060,000 Sportsplex-Fitness 100,000 125,000 125,000 125,000 475,000 Sportsplex-Ice Rink 800,000 800,000 Sportsplex-Kidsplex 105,000 55,000 5,000 50,000 5,000 55,000 170,000 Sportsplex-New Facilities 1,000,000 1,000,000 Sportsplex-Pool 385,000 25,000 550,000 75,000 25,000 50,000 25,000 1,135,000 Sportsplex Total 405,000 520,000 1,000,000 1,105,000 775,000 380,000 200,000 155,000 150,000 105,000 250,000 4,640,000 Appropriations Total 4,891,311 1 1,242,363 3,216,757 5,145,077 2,832,822 2,500,692 976,001 595,423 1,584,803 633,976 2,272,097 1 21,000,011 Revenues/Funding Sources Debt Financing-Article 46 Sales Tax 1,350,000 945,000 945,000 Debt Financing-Solid Waste 2,540,307 971,106 2,321,279 1,246,472 1,336,426 615,258 1,092,486 7,583,027 Debt Financing-Sportsplex 405,000 520,000 900,000 1,050,000 650,000 375,000 150,000 25,000 150,000 50,000 125,000 3,995,000 Sale of Fixed Asset 240,000 Solid Waste Funds 356,004 722,363 1,245,651 773,798 811,350 784,266 776,001 440,423 819,545 528,976 929,611 7,831,984 Sportsplex Funds 100,000 55,000 125,000 5,000 50,000 130,000 55,000 125,000 645,000 Revenues/Funding Sources Total 4,891,311 1 1,242,363 3,216,757 5,145,077 2,832,822 2,500,692 976,001 595,423 1,584,803 633,976 2,272,097 21,000,011